As businesses increasingly look to optimize their overall operations, CPAs accountants and tax professionals should consider tackling supply chain management with their clients. One of the top ways to address these issues, and increase overall efficiency, is quantitative supply chain optimization (QSCO).

QSCO is where new technology capabilities meets keen business strategy to improve an often-antiquated part of businesses: supply chain management. A quantitative supply chain (QSC) helps business owners establish, measure and optimize supply chain metrics to quantify decisions.

While supply chain challenges may vary depending on the sector, this approach to supply chain management is applicable across all industries. Read on to see what your clients would need to do to institute QSCO for their businesses.

Data-and-Human-Driven Supply Chain Management

QSCO marries human insights with data processing and analysis. This approach allows businesses to optimize the decision making process for supply chain management.